NEO CHINA KING AWAKENING - fundementals kicking in
With fib and all the head and shoulder targets comes near 700-750. which is about 64x from now yeah it sounds so ambitious but the market cap of neo is less and you know in crypto anything can happen.
The NEO chart, very nice how it moved in 5 years between a very strong support and resistance and 3 other lines that were alternately when support, when resistance. Of course, on the 1D timeframe. What will NEO do next? We follow his evolution. Now everything seems simpler and it seems easier to identify a bottom or a top.
There is a high probability that NEO will go out of a circular bottom trend here, which will be a huge upside. Follow me and I will take you to realize the freedom of wealth
Almost up to its measured move target already. Can see it’s also about to have a golden cross.
NEOUSD is going down and making new lower highs and lower lows.
NEOUSD is above the MA50 1W, having entered undoubtedly the new Bull Cycle. The completion of the Golden Cross 1D draws comparisons with the first Golden Cross pattern of the 2019 Bull Cycle. The price breached Fibonacci 0.236, formed the Golden Cross, pulled back and then made the Cycle's first High on Fibonacci 0.382. This is our medium term Target (20.00). ...
NEOUSD crossed above Fibonacci 0.236 of the former Bear Cycle with ease today. Tomorrow it will form a Golden Cross 1D, the first since June 6th 2020. Until April every contact with the MA50 1D is a buy. Then every contact with the MA200 1D will be a buy. Trading Plan: 1. Buy the rally on the spot. 2. Buy the next MA50 1D pullback. Targets: 1. 19.5000 (under...
what a precision by bots huh? If it can reclaim 0.236, that opens room for further price expansion A break of 0.886 will result in immediate target of 1.272 Hold my beer pls ---- No financial advice, do your own research, don't be stupid
A bearish trend is applicable. The ideal short entry is as close to 8.70 as possible. Increase exposure for a break below 8.20. Profit target is set at 7.15. The stop-loss is set at 9.50. The price action is at the upper range of the linear regression channel pattern. This increases the likelihood for a mean reversion trade.
Neo made a high end 2017 beginning 2018 but failed to make a new High during the bullmarket in 2021. Because of that we can draw in a very nice and big bull pennant. This pennant is allready 4 years old which is a very bullish sign when we break out to the upside of the Triangle. Second we can see a 1st Leg in Elltiot wave theory and a nice Leg 2 down which ended...
I think we will be heading to 4 or 4.5. I will be interested to buy at these prices or even less. Let me know what do you think #neocoin #neonews #crypto #cryptobullrun #cryptocurrency #bulltrap
Short opened form FVG ( also 61 Fibo retracement level ) and will be exited on 1.38 fibo extension level around 5
potential bottom divergence trendline break covid lows retest dollar weakness
Price broke and retested a significant zone, creating a bullish N wave formation. All three moving averages gave me two conformations and an entry signal.
Neo is in good support/entry zone, let's watch if this zone will be defended.
Engulfing Pin Bar Candlestick Formed at Support S1 (5.995) and Channel Support. Enter long position.
Of course its in a flag like the other coins. And like other dinosaur coins, NEO has kind of the same chart pattern. After bouncing off 0.5 in 2020, suppose 0.5 will not hold on the next test and at least test major 0.618 @ $1.51 (perfect confluence with 1.272 intermediate) Break down the flag aka lose intermediate 0.886 and its gonna get super ugly aka...